Re:Why it’s hard to buy deodorant in Manhattan
by _carbyau_ on Thursday November 24, 2022 @11:00PM
(#33739042)
Simply trying to rent a house here in Australia requires submitting a goldmine for identity theft. ID's, bank statements, workplace statements to prove you have a job and the list goes on.
And that simply gets you an application. No guarantee of being picked.
I have zero problems with a business having to prove - to whatever degree - they are legit.
Finance institutions have a KYC thing. Maybe Amazon needs a KYTrader.
Re:Why it’s hard to buy deodorant in Manhattan
by notch656a on Thursday November 24, 2022 @11:56PM
(#33739339)
AFAIK in the US you can buy/sell a house with an anonymous LLC. It's not clear to me you would even need an ID in the process, although that may vary by state. Definitely wouldn't need the rest of the stuff, except the money.
Re:Why it’s hard to buy deodorant in Manhattan
by toast0 on Friday November 25, 2022 @12:56AM
(#33739686)
Buying a house doesn't require much ID. Borrowing money for it probably requires KYC, but maybe not exactly ID. Selling a house usually wants a notarized signature and notaries check ID (or are supposed to).
Re:Why it’s hard to buy deodorant in Manhattan
by WalterBright on Friday November 25, 2022 @02:56AM
(#33740242)
In NYC, to rent an apartment requires you to submit your tax returns. Unbelievable.
Heavy handed regulation always sounds better in hypothetical perfect knowledge scenarios, but kind of sucks for everyone in the real world.